PPP Loan information for Folgore mobile welding inc.

$1,272,155

Folgore mobile welding inc. was initially approved for PPP Loan of amount $1,272,155, the current approved amount is $1,272,155. The loan was approved on 04/28/2020 by The Santander Bank, National Association reported 43 jobs and $1,272,155 was used to fund payroll.

Folgore mobile welding inc. is Existing or more than 2 years old

FOLGORE MOBILE WELDING INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FOLGORE MOBILE WELDING INC.

Borrower Address

526 Roosevelt Ave PO Box 190

Borrower City

Carteret

Borrower State

NJ

Borrower Zip

07008

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

1272155.00

Current Approval Amount

1272155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Carteret

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07008-0001

CD

NJ-06

Jobs Reported

43

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1272155.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1303383.79

Forgiveness Date

10/18/2022

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